The solar industry has come a long way in recent years, but now companies around the world are grappling with a solar photovoltaic (PV) industry in rapid transition, with significant oversupply and prices in rapid decline. Dominant players are struggling; emerging players are seizing market share. Each company is trying to turn the current upheaval into their opportunity to emerge as the new top player…

According to Clean Edge’s recently published subscription report, the State Clean Energy Leadership Index, six states generated more than 10 percent of their in-state, utility-scale electricity from wind, solar, and geothermal sources. While some states have made steady progress, others have made dramatic advancements year-to-year, such as South Dakota which jumped from 8.3 percent in 2010 to over 22.3 percent in 2011.

Source: EIA with Clean Edge analysis.

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06/14/2012 New York Court Nixes Challenge to Carbon MarketA New York state court recently dismissed a Tea Party-backed lawsuit that tried to block the state from participating in a cap-and-trade system to cut carbon emissions in the Northeast, finding that the plaintiffs had no grounds to challenge the program.
Reuters

06/12/2012 E.ON Climate & Renewables Finalizes $150 Million FinancingE.ON Climate & Renewables North America announced recently it has secured $150 million of institutional equity financing from Bank of America Merrill Lynch in exchange for a partial interest in its Pioneer Trail Wind Farm.
Clean Edge News

06/11/2012 Oklahoma Wind Farm Receives $220 Million InvestmentEnel Green Power North America, a subsidiary of Enel Green Power S.p.A., and EFS Chisholm, a GE Capital subsidiary, signed a capital contribution agreement with a syndicate led by J.P. Morgan, whereby the syndicate commits to funding approximately 220 million US dollars for the 235 MW Chisholm View Wind project in Garfield and Grant Counties, Oklahoma.
Clean Edge News

06/04/2012 DOE Will Invest Up to $120 Million to Launch New Energy Innovation HubU.S. Secretary of Energy Steven Chu recently announced plans to invest up to $120 million over five years to launch a new Energy Innovation Hub, establishing a multidisciplinary effort to identify problems and develop solutions across the lifecycle of materials.
Clean Edge News